BTC/USD 1HOUR CHART TECHNICAL ANALYSIS NEXT MOVE POSSIBLE

Key Insights:

1. Support Zone (Blue Area - 94,877 to 95,643)

Price recently tested this area and showed signs of rejection, indicating potential bullish momentum.



2. Entry & Target Projection

The chart suggests a buy setup with price expected to rise from the current support.

The first target is around 96,828, followed by a higher resistance level at 97,208.



3. Stop-Loss & Risk Management

Stop-loss is likely placed below 94,877 in case of further downside movement.

The risk-to-reward ratio looks favorable with a clear upward structure.




Conclusion:

If BTC holds above 95,000, buyers may push towards 96,800 - 97,200.

A break below 94,877 could invalidate this setup.


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